French companies eager to participate in Saudi Arabia’s Imaginative and prescient 2030 improvement applications: Ambassador
RIYADH: French corporations are eager on investing in Saudi Arabia’s water sector, in keeping with the French Ambassador to the Kingdom, Ludovic Pouille.
Chatting with Arab Information on the sidelines of a discussion board titled “Saudi-French strategic partnership for a greater sustainable improvement in water and waste administration,” Pouille stated the occasion will assist reinforce his nation’s relationship with the Kingdom.
The discussion board was organized by Enterprise France and the French Embassy in collaboration with the Kingdom’s Saline Water Conversion Corp., the Saudi Water Partnership Co., the Nationwide Water Co. and the Saudi Funding Recycling Co.
The French envoy described the discussion board as a “nice alternative” for the French corporations to find extra in regards to the Kingdom’s Imaginative and prescient 2030.
Enterprise France is a French authorities company created in January 2015 by a merger between UBIFRANCE and the French Company for Worldwide Funding.
Chatting with Arab Information, Pouille stated: “This initiative by Enterprise France is welcome, as a result of traditionally France has been a vital strategic accomplice of Saudi Arabia within the water sector.
“As we speak, we need to convey new corporations, particularly SMEs, who might convey improvements, (and) their experience, in very particular areas in water, water remedy, waste administration.
“I’m very completely satisfied to see that we now have nearly 15 French corporations as a part of this delegation, most of them discovering Saudi Arabia for the primary time.
“We have now all of the stakeholders of the Saudi establishments within the water sector current right here. This can be a nice alternative for the French corporations to find extra about Saudi Imaginative and prescient 2030.”
We’re capable of join the French corporations to Saudi companions in all new fields and sectors of Imaginative and prescient 2030 and to accompany the diversification of the Saudi economic system.
French Ambassador Ludovic Pouille
He added: “This nation will host, within the subsequent 10 years, the biggest tasks in water on this planet. Since French experience is well-known everywhere in the world, it’s crucial to be right here now, and to be a part of these tasks.”
Pouille stated that water is the important thing to improvement, including: “We have now to maintain water to convey water in a greener approach, in a better approach, and sooner approach, and the French corporations are right here to say, sure, we may also help you and need to be a part of this journey.
“They’re well-known everywhere in the world. A few of them have already labored right here with large French corporations like Veolia, EGIS, Suez, Pam Saint Gobain. And as we speak, what we would like is the world ecosystem of startups, SMEs on this sector to be a part of this partnership.”
The envoy, who opened the discussion board with the SWCC governor, stated: “I’m very glad to have opened the Saudi-French strategic partnership discussion board for a inexperienced and sustainable improvement below the Imaginative and prescient 2030 along with SWCC Gov. Abdullah Ibrahim Alabdulkarim.”
He stated that this occasion is one in every of many who Enterprise France and the French Embassy will convey to the Kingdom within the coming months.
These will embrace delegations from the well being and fintech sectors — with representatives of 30 corporations within the subject of leisure having already visited earlier this 12 months.
“So all this to say that we’re capable of join the French corporations to Saudi companions in all new fields and sectors of Imaginative and prescient 2030 and to accompany the diversification of the Saudi economic system, not solely by bringing merchandise, however native content material to convey Saudization, we convey our principal switch of know-how coaching formation,” stated the envoy, including: “We’re right here as companions to put money into Saudi Arabia.”
The SWCC governor stated: “We intend to discover a approach for brand spanking new options with mutual advantages for all events. On this win-win scenario, we are able to construct strategic partnerships for sustainable improvement in water and waste administration.
“We’re not right here to discover a business deal, however slightly how we are able to see the affairs of analysis know-how and what we want from the market.”
Saudi Arabia has been growing its funding within the clear vitality, energy, and water sector and goals to extend the desalination capability to 7.5 million cubic meters of water per day by 2027.
